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SUMMARY:61± Acres on Coastal Hwy – Panacea\, FL – Gateway to the
  Gulf Coast
LOCATION:886 Coastal Highway\, Panacea\, FL 32346\, US
DESCRIPTION:Located along Florida’s famed Coastal Highway (U.S. Hwy 98
 )\, this 60.97± acre property in Panacea presents a rare opp
 ortunity to acquire a highly visible tract with both develop
 ment and recreational appeal. The property will be offered d
 ivided into four parcels and as a whole\, providing flexibili
 ty for bidders and developers alike. Zoned L1 Light Industri
 al and RSU-1 Semi-Rural Residential\, the property is well-su
 ited for a wide range of uses\, from commercial and industria
 l ventures to residential development. Its mix of natural an
 d man-made ponds adds both character and utility\, creating p
 otential for integrated site planning or amenity features. T
 he property boasts extensive frontage along U.S. Hwy 98\, off
 ering unmatched visibility and direct access for future busi
 nesses\, while also bordering the pristine St. Marks National
  Wildlife Refuge — a draw for eco-tourism\, outdoor enthusi
 asts\, and conservation-minded buyers. Its strategic location
  provides easy access to the beaches of the Forgotten Coast\,
  with Panacea’s waterfront restaurants and fishing docks j
 ust minutes away. Beyond its immediate surroundings\, the pro
 perty’s placement along Coastal Highway positions it as a 
 gateway corridor to the region’s most popular destinations
 \, including Carrabelle\, St. George Island\, and Apalachicola.
  Additionally\, it lies within convenient reach of Tallahasse
 e\, making it an ideal site for mixed-use development serving
  both local and regional markets. Whether envisioned as a co
 mmercial hub\, residential community\, recreational retreat\, o
 r a blended-use project\, this property offers a unique combi
 nation of visibility\, access\, and natural beauty rarely avai
 lable along Florida’s Gulf Coast.
URL:https://www.wiregrassauctiongroup.com/auctions/detail/bw1472
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